Iosco County MI
Mortgage Loan Application
Totals and Details
for 2012

Find mortgage statistics and lending data for the Iosco County MI metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Iosco County MI, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,050
Total Mortgage Loan Application Amount $100,794,000
Average Mortgage Loan Application Amount $95,000
Highest Mortgage Loan Application Amount $1,398,000
Average Applicant Income $74,000
Highest Applicant Income $3,300,000

Mortgage Company List for Lending in Iosco County MI for 2012

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,304,743,000 122 $ 9,344,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,811,678,000,000 104 $ 9,290,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 263,309,559,000 101 $ 6,946,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,161,490,000,000 69 $ 7,544,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,288,658,000,000 42 $ 3,687,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,623,469,000 40 $ 4,846,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 26 $ 2,036,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 5,331,931,000 25 $ 1,397,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 85,381,954,000 23 $ 3,143,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 23 $ 2,049,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ 500,000 20 $ 1,235,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 9,212,296,000 18 $ 1,132,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 54,183,383,000 15 $ 1,822,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 14 $ 1,767,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 14 $ 1,283,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 2,716,563,000 12 $ 1,726,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 12 $ 1,479,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 652,375,000 10 $ 721,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 10 $ 1,237,000
GUARDIAN MORTGAGE COMPANY, INC
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 9 $ 816,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 114,540,379,000 9 $ 932,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 9 $ 653,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 9 $ 889,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 8 $ 722,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 7 $ 686,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 6 $ 509,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 6 $ 846,000
GMAC MORTGAGE, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 6 $ 1,187,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 6 $ 788,000
FIRST INDEPENDENCE BANK
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 165,219,000 6 $ 557,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 229,087,000 6 $ 599,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 3,073,478,000 5 $ 516,000
MICHIGAN SCHOOLS AND GOVERNMENT
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 1,130,865,000 5 $ 593,000
COMERICA BANK
411 W LAFAYETTE BLVD
DETROIT, MI 48226
* $ 60,970,527,000 5 $ 404,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 46,925,466,000 5 $ 670,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 52,181,685,000 5 $ 360,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 5 $ 557,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 5 $ 580,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 4 $ 290,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 4 $ 289,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 114,540,379,000 4 $ 226,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 330,470,810,000 4 $ 560,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 173,787,000 4 $ 531,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,736,579,000 4 $ 235,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,397,606,000 4 $ 741,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 293,814,000 4 $ 444,000
FIRSTBANK - ALMA MORTGAGE CO
311 WOODWORTH AVE.
ALMA, MI 48801
* $ 260,365,000 4 $ 455,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,135,169,000 4 $ 600,000
WANIGAS CREDIT UNION
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 263,240,000 4 $ 354,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 3 $ 240,000
SERVICE FINANCE COMPANY, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 3 $ 36,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 379,917,000 3 $ 319,000
SECURITY CREDIT UNION
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 356,049,000 3 $ 96,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 342,214,000 3 $ 334,000
VIBE
44575 W 12 MILE
NOVI, MI 48377
* $ 433,935,000 3 $ 210,000
ZEAL CREDIT UNION
17250 NEWBURGH
LIVONIA, MI 48152
* $ 402,261,000 3 $ 268,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 13,039,950,000 3 $ 168,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 106,940,591,000 3 $ 341,000
CHICAGO MORTGAGE SOLUTIONS LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ 10,000,000 3 $ 471,000
CASHCALL, INC.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 3 $ 504,000
HOME LOAN CENTER, INC.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 3 $ 329,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 3 $ 390,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DRIVE, STE 250
MILFORD, MI 48381
* $ 1,300,000,000 3 $ 343,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 210,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 2 $ 118,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 2 $ 83,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 221,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 198,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 2 $ 180,000
HURON VALLEY FINANCIAL, INC.
2395 OAK VALLEY DRIVE, SUITE 200
ANN ARBOR, MI 48103
* $ 10,000,000 2 $ 238,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 2 $ 223,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 2,126,678,000 2 $ 341,000
SUMMIT COMMUNITY BANK
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 157,340,000 2 $ 108,000
FARMERS BANK AND TRUST NA
1017 HARRISON
GREAT BEND, KS 67530
* $ 648,887,000 2 $ 217,000
HANTZ BANK
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 55,071,000 2 $ 203,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 12,019,539,000 2 $ 191,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,790,194,000 2 $ 83,000
COLE TAYLOR BANK
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 4,664,742,000 2 $ 255,000
AXOS BANK
4350 LA JOLLA VILLAGE DR SUITE 140
LA JOLLA, CA 92122
* $ 2,225,317,000 2 $ 209,000
COMMUNITY FINANCIAL CREDIT UNI
PO BOX 8050
PLYMOUTH, MI 48170
* $ 477,875,000 2 $ 62,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 2 $ 158,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 104,000
LIBERTY HOME EQUITY SOLUTIONS, INC.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 2 $ 237,000
COMMUNITY CHOICE CREDIT UNION
31155 NORTHWESTERN HWY
FARMINGTON HILLS, MI 48334
* $ 450,888,000 2 $ 192,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,385,299,000 2 $ 74,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 1 $ 75,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 83,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 1 $ 164,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 44,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ 10,000,000 1 $ 146,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,681,476,000 1 $ 77,000
HOMESTEAD SAVINGS BANK
415 S SUPERIOR ST
ALBION, MI 49224
* $ 76,653,000 1 $ 204,000
LAKESTONE BANK & TRUST
83 W NEPESSING ST
LAPEER, MI 48446
* $ 300,369,000 1 $ 52,000
THRIVENT FINANCIAL BANK
122 EAST COLLEGE AVE., SUITE 1E
APPLETON, WI 54911
* $ 546,918,000 1 $ 50,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 29,000
NATIONAL BANK OF KANSAS CITY
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 619,450,000 1 $ 275,000
FIRST NB OF MUSKOGEE
P O BOX 308
ROLAND, OK 74954
* $ 175,000,000 1 $ 48,000
GRAND BANK, NATIONAL ASSOCIATION
2297 HWY 33
HAMILTON, NJ 08690
* $ 341,507,000 1 $ 112,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,423,017,000 1 $ 107,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 272,376,000 1 $ 200,000
FIRSBANK - ALMA
311 WOODWORTH AVE
ALMA, MI 48846
* $ 363,968,000 1 $ 16,000
INCREDIBLEBANK
327 N 17TH AVE
WAUSAU, WI 54401
* $ 984,440,000 1 $ 80,000
TOTAL COMMUNITY CREDIT UNION
25155 GODDARD ROAD
TAYLOR, MI 48180
* $ 49,222,000 1 $ 5,000
KALSEE CREDIT UNION
2501 MILLCORK
KALAMAZOO, MI 49001
* $ 129,152,000 1 $ 30,000
SAGELINK CREDIT UNION
311 N SAGINAW ST
DURAND, MI 48429
* $ 167,201,000 1 $ 25,000
FINANCIALEDGE COMMUNITY CREDIT UNION
1199 S. EUCLID AVE.
BAY CITY, MI 48706
* $ 76,016,000 1 $ 10,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 158,843,000 1 $ 96,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 297,935,000 1 $ 123,000
MICHIGAN EDUCATIONAL
9200 HAGGERTY ROAD
PLYMOUTH, MI 48170
* $ 621,921,000 1 $ 63,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 119,000
WALKER & DUNLOP, LLC
7501 WISCONSIN AVE, STE 1200E
BETHESDA, MD 20814
* $ 552,596,000 1 $ 1,398,000
FIRST HORIZON BANK
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38101
* $ 24,563,405,000 1 $ 49,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 142,947,000 1 $ 74,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,291,705,000 1 $ 119,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 569,541,000 1 $ 38,000
THUMB NATIONAL BANK AND TRUST COMPANY
7254 MICHIGAN AVE., P.O. BOX 560
PIGEON, MI 48755
* $ 215,436,000 1 $ 103,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 1 $ 70,000
THE ANDERSON FINANCIAL GROUP, INC.
2421 N ASHLAND
CHICAGO, IL 60614
* $ 10,000,000 1 $ 242,000
WCS LENDING, LLC
951 YAMATO ROAD, SUITE 150
BOCA RATON, FL 33431
* $ 25,076,000 1 $ 73,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 74,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 1 $ 130,000
ROUNDPOINT MORTGAGE COMPANY
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 1 $ 240,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 1 $ 102,000
UNITED SECURITY FINANCIAL CORP
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 128,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 66,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 163,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 1 $ 372,000
FARM CREDIT MID-AMERICA, ACA
1601 UPS DRIVE
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 252,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 1 $ 57,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Iosco County MI in 2012

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 728 $76,970,000 $105,000 $1,398,000 $79,000 $3,300,000
Home Purchase 254 $22,064,000 $86,000 $380,000 $67,000 $292,000
Home Improvement 68 $1,760,000 $25,000 $113,000 $51,000 $177,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 890 $84,163,000 $94,000 $402,000 $75,000 $3,300,000
Not Provided 78 $7,480,000 $95,000 $380,000 $71,000 $265,000
Not applicable 67 $8,026,000 $119,000 $1,398,000 $51,000 $720,000
Hispanic 8 $714,000 $89,000 $185,000 $85,000 $131,000
American Indian or Alaskan Native 3 $60,000 $20,000 $45,000 $373,000 $959,000
Asian 2 $180,000 $90,000 $110,000 $71,000 $114,000
Black or African American 1 $95,000 $95,000 $95,000 $134,000 $134,000
Native Hawaiian or Other Pacific Islander 1 $76,000 $76,000 $76,000 $74,000 $74,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 855 $83,198,000 $97,000 $402,000 $85,000 $3,300,000
FHA-insured (Federal Housing Administration) 93 $8,905,000 $95,000 $1,398,000 $21,000 $130,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 55 $3,482,000 $63,000 $118,000 $27,000 $63,000
VA-guaranteed (Veterans Administration) 47 $5,209,000 $110,000 $392,000 $35,000 $191,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 552 $54,795,000 $99,000 $1,398,000 $78,000 $1,112,000
Application Denied By Financial Institution 220 $18,057,000 $82,000 $320,000 $63,000 $959,000
Loan Purchased By The Institution 132 $13,100,000 $99,000 $379,000 $52,000 $720,000
Application Withdrawn By Applicant 81 $7,882,000 $97,000 $290,000 $107,000 $3,300,000
File Closed For Incompleteness 33 $3,737,000 $113,000 $244,000 $99,000 $408,000
Application Approved But Not Accepted 32 $3,223,000 $100,000 $284,000 $70,000 $210,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Collateral 39 $4,037,000 $103,000 $320,000 $81,000 $290,000
Credit History 31 $1,590,000 $51,000 $130,000 $72,000 $959,000
Debt-To-Income Ratio 22 $1,321,000 $60,000 $180,000 $41,000 $127,000
Credit Application Incomplete 22 $1,849,000 $84,000 $183,000 $78,000 $200,000
Insufficient Cash (Downpayment, Closing Cost) 18 $1,482,000 $82,000 $214,000 $54,000 $86,000
Other 18 $1,765,000 $98,000 $276,000 $64,000 $280,000
Unverifiable Information 5 $458,000 $91,000 $221,000 $62,000 $182,000
Employment History 2 $134,000 $67,000 $73,000 $19,000 $24,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information back through 2003.

Download the Michigan Lender List